Asia: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Asia

The Asian metal advertising sign market contracted slightly to $X in 2020, leveling off at the previous year. In general, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Metal Advertising Sign Production in Asia

In value terms, metal advertising sign production rose modestly to $X in 2020 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; afterwards, it flattened through to 2020.

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Metal Advertising Sign Exports

Exports in Asia

In 2020, shipments abroad of metal advertising signs decreased by X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019, and then shrank markedly in the following year.

In value terms, metal advertising sign exports expanded sharply to $X in 2020. The total export value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

China dominates exports structure, amounting to X tons, which was near X% of total exports in 2020. Malaysia (X tons) took the second position in the ranking, followed by Hong Kong SAR (X tons). All these countries together held approx. X% share of total exports. Thailand (X tons), India (X tons), Turkey (X tons) and South Korea (X tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of X% from 2012 to 2020. At the same time, Hong Kong SAR (X%), Malaysia (X%), Thailand (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2020. India experienced a relatively flat trend pattern. By contrast, South Korea (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Hong Kong SAR (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea and China saw its share reduced by X% and X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal advertising sign supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2020, the average annual growth rate of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2020, rising by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports in Asia

In 2020, the amount of metal advertising signs imported in Asia fell rapidly to X tons, dropping by X% against the previous year's figure. Overall, imports saw a deep slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, metal advertising sign imports reduced dramatically to $X in 2020. In general, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of metal advertising sign imports in 2020 were Hong Kong SAR (X tons), the United Arab Emirates (X tons), Malaysia (X tons), the Philippines (X tons) and India (X tons), together reaching X% of total import. The following importers - Singapore (X tons), Indonesia (X tons), Vietnam (X tons), Iraq (X tons), Japan (X tons), Oman (X tons), Turkey (X tons) and China (X tons) - together made up X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal advertising sign importing markets in Asia were China ($X), Hong Kong SAR ($X) and the Philippines ($X), together comprising X% of total imports.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the import price in Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price showed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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